2017-11-14T10:32:36-06:00 2016-12-31 050568611 SALMON SIMS THOMAS & ASSOCIATES PLLC 12720 HILLCREST ROAD SUITE 500 DALLAS TX 752302039 990 2016-01-01 237089524 AMERICAN RESPIRATORY CARE FOUNDATION AMER 9722432272 9425 N MACARTHUR BLVD No 100 IRVING TX 750634706 THOMAS KALLSTROM ceo 9722432272 2017-11-14 1 William H Sims P00004539 9723921143 2017-11-14 52.171.131.29 2017-11-14 10:32:33 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2016 2017-02-10 21:41:12Z THOMAS KALLSTROM 9425 N MACARTHUR BLVD No 100 IRVING TX 750634706 1478999 0 X WWW.AARC.ORG X 1970 TX DEDICATED TO FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE. 15 11 1 0 0 0 219459 299383 0 0 82656 97587 9497 17668 311612 414638 83342 115276 0 0 10701 10765 0 0 9791 95946 130873 189989 256914 121623 157724 2459836 2678197 11661 42000 2448175 2636197 X AMERICAN RESPIRATORY CARE FOUNDATION IS DEDICATED TO FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE; TO SUPPORT RESEARCH, EDUCATION AND CHARITABLE ACTIVITIES; TO FUND CLINICAL AND ECONOMIC RESEARCH, EDUCATION RECOGNITION AWARDS, EDUCATIONAL ACTIVITIES, LITERARY AWARDS AND SCHOLARLY PUBLICATIONS. 0 0 183440 115276 FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE. 183440 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 14 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 X 15 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X TONY LOVIO 9722432272 9425 N MACARTHUR SUITE 100 IRVING TX 750634706 MICHAEL T AMATO ARCF CHAIR 1.00 X X 0 0 0 PATRICK DUNNE TRUSTEE 1.00 X 0 0 0 JAMES K STOLLER TRUSTEE 1.00 X 0 0 0 STEVEN B NELSON TRUSTEE 1.00 40.00 X 0 145678 32016 BRUCE RUBIN TRUSTEE 1.00 X 0 0 0 GARY SMITH SECRETARY/TREASURER/DIRECT 1.00 X X 0 0 0 NEIL MACINTYRE VICE CHAIR/director 1.00 X X 0 0 0 REBECCA MABRY TRUSTEE 1.00 X 0 0 0 TIMOTHY MYERS TRUSTEE 1.00 40.00 X 0 162645 40608 SAM P GIORDANO TRUSTEE 1.00 40.00 X 0 130000 0 ANTHONY DEWITT TRUSTEE 1.00 X 0 0 0 MARK VALENTINE TRUSTEE 1.00 X 0 0 0 CHRISTIANNA VANCE TRUSTEE 1.00 X 0 0 0 TONYA WINDERS TRUSTEE 1.00 X 0 0 0 THOMAS KALLSTROM EXECUTIVE VICE PRESIDENT 2.00 40.00 X 10000 251910 45962 10000 690233 118586 0 0 1 0 0 40000 43000 216383 299383 51389 51389 1071872 1025674 46198 46198 46198 56355 40000 38687 17668 17668 414638 0 0 115255 115276 115276 10000 10000 765 765 10125 10125 2974 2974 26078 26078 13741 13741 36200 36200 PROJECTS AND PROGRAMS 31964 31964 OTHER FUNDRAISING EXPEN 9791 9791 256914 183440 63683 9791 224336 311446 277684 181728 1833 3992 1927516 2152609 28467 28422 2459836 2678197 11661 0 0 42000 11661 42000 X 482378 540180 852915 934135 1112882 1161882 2448175 2636197 2459836 2678197 157724 30298 0 X 0 1 X 1 0 X X 1 AMERICAN ASSOCIATION OF RESPIRATORY CARE 952501102 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART VI, SECTION A, LINE 3B: BOTH ORGANIZATIONS HAVE THE SAMe FIRM PREPARE FORM 990. THE FIRM PREPARES A PRO FORMA SCHEDULE A TO KEEP ON FILE FOR THE 501(C)(6). THE FIRM ALSO KEEPS A COPY OF THE DETERMINATION LETTER ON FILE FOR EACH ORGANIZATION. PART VI, SECTION A, LINE 3C: BOTH ORGANIZATIONS have individuals that are in a place of management for the other organization. THEY ENSURE THAT THE MONIES ARE SPENT FOR CHARITABLE PURPOSES. PART VI, SECTION B, LINE 1 BOTH ORGANIZATIONS HAVE INDIVIDUALS THAT ARE IN A PLACE OF MANAGEMENT FOR THE OTHER ORGANIZATION. THEY ENSURE THAT THE MONIES ARE SPENT FOR CHARITABLE PURPOSE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1965797 136005 86690 21080 71395 2096017 1890052 126775 71677 20794 101913 1965797 1783671 141611 64299 63276 36253 1890052 1666959 189005 92421 64114 100600 1783671 1379854 317263 166862 62327 134693 1666959 0.44570 0.55430 0 0 0 due to related party 42000 42000 X 483623 30298 38687 68985 414638 0 414638 295601 38687 38687 256914 0 256914 Part V, Line 4: PART V, LN 4: ENDOWMENT FUNDS - TEMPORARILY RESTRICTED NET ASSETS CONSIST OF THE FOLLOWING: RESEARCH $ 261,228 EDUCATION RECOGNITION 140,769 AWARDS 88,319 INTERNATIONAL FUND/FELLOWSHIPS 367,248 OTHER 76,571 TOTAL TEMPORARILY RESTRICTED NET ASSETS $934,135 PERMANENTLY RESTRICTED NET ASSETS, WHICH CONSIST OF ENDOWMENT FUND INVESTMENTS TO BE HELD INDEFINITELY, THE INCOME FROM WHICH IS EXPENDABLE ACCORDING TO THE FOUNDATION BOARD'S DISCRETION OR THE DONOR-IMPOSED STIPULATIONS, WERE AS FOLLOWS: RESEARCH $ 359,250 EDUCATION RECOGNITION 312,632 AWARDS 390,000 FELLOWSHIPS 100,000 TOTAL RESTRICTED NET ASSETS $1,161,882 Part X, Line 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES- MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. Part XI, Line 2d - Other Adjustments: special event expenses grouped on audit with expenses ($38,687) Part XII, Line 2d - Other Adjustments: special event expenses grouped on audit with expenses ($38,687) RECEPTION 95475 40000 55475 2500 29292 5928 RAFFLE 880 880 967 96355 40000 56355 2500 29292 6895 38687 17668 1 SCHOLARSHIPS/AWARDS 19 87058 CASH N/A INTERNATIONAL FELLOWSHIPS 3 28218 CASH N/A Part I, Line 2: THE GRANTS ARE MONITORED EITHER THROUGH AN EXTENSIVE APPLICATION REVIEW OR AN ACCOUNTING OF ALL GRANT MONIES SPENT BEFORE DISBURSEMENT. X 0 0 0 0 0 0 0 0 0 STEVEN B NELSON TRUSTEE 0 145678 0 0 0 0 0 11724 0 20292 0 177694 0 0 TIMOTHY MYERS TRUSTEE 0 162645 0 0 0 0 0 12953 0 27655 0 203253 0 0 THOMAS KALLSTROM EXECUTIVE VICE PRESIDENT 10000 228106 0 23804 0 0 0 18706 0 27256 10000 297872 0 0 Form 990, Part VI, Section A, line 2 neil macintyre and MICHAEL T. AMATO have a business relAtionship. Form 990, Part VI, Section B, line 11b THE FINAL FORM 990 WILL BE PROVIDED TO THE ARCF BOARD AND TRUSTEES PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. ANY QUESTIONS OR CONCERNS WILL BE ADDRESSED AND CORRECTED IF NECESSARY. Form 990, Part VI, Section B, line 12c ANNUAL CONFLICTS OF INTEREST ARE DISCUSSED BY THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES. ANY POSSIBLE CONFLICTS OF INTEREST ARE ADDRESSED AS THEY ARISE THROUGHOUT THE YEAR. Form 990, Part VI, Section B, line 15 THE AMOUNT OF COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT HAS BEEN $10,000 FOR MANY YEARS. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY LAW. AMERICAN ASSOCIATION OF RESPIRATORY CARE 9425 NORTH MACARTHUR BLVD IRVING TX 75063 952501102 RESEARCH IL 501(C)(6) N/A N/A 0 DAEDALUS ENTERPRISES INC 9425 N MACARTHUR BLVD SUITE 100 IRVING TX 750634706 751800302 PUBLISHING TX N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 AMERICAN ASSOCIATION OF RESPIRATORY CARE P 50800 CASH